Google’s Free Nano Banana 2 Model Sparks 3.27% Figma Share Decline
Google launched Nano Banana 2, a free Gemini image-generation model offering pro-grade lighting, textures and multilingual text via real-time web data. Figma shares dropped 3.27% as the no-cost model threatens to divert design asset workflows from Figma’s paid collaborative suite.
1. Google Releases Free Nano Banana 2
Google introduced Nano Banana 2 in its Gemini app and web interface, delivering pro-grade image generation with realistic lighting, sharper textures and accurate multilingual text. The model leverages real-time web search and image data to reflect current events and generative prompts at no cost.
2. Pressure on Figma’s Design Suite
Figma’s browser-based interface design, whiteboarding and slide collaboration platform faces competition as teams could generate polished imagery, icons and layouts for free in Gemini before importing assets. This dynamic risks reducing demand for Figma’s subscription tiers and may force steeper discounts or greater investment in proprietary AI models.
3. Share Performance and Market Reaction
Figma shares fell 3.27% on Thursday, reflecting investor concern over potential revenue headwinds in its collaborative design segment. Market participants are weighing whether Figma will need to bolster its AI capabilities or adjust pricing to defend against free alternatives.